Saudi Aramco raised prices for flagship oil for September

11:05 - 6.08.2024


August 6, Fineko/abc.az. Saudi Arabia's oil & gas state-owned company Saudi Aramco raised selling oil prices for September for Asian buyers for the first time since this May. 

ABC.AZ reports that prices have increased for flagship crude oil Arab Light, which the company sells to Asia, while lowering prices for other regions.

Thus, the cost of grade Arab Light for Asian buyers has been increased by $0.2, now it is $2 a barrel higher than the price of a basket of Oman/Dubai varieties. In addition, prices for some other varieties for the region have also been increased.